You hit in the math correctly. Small fractions of home values should not be sent to the vultures. That said, I don't blame the vultures as much as I blame the

You hit in the math correctly. Small fractions of home values should not be sent to the vultures. That said, I don't blame the vultures as much as I blame the politicians who sold out their citizens. It can take years for a bank to kick someone out of their house for a much bigger default. The politicians empower criminals to do more for much worse.